NOT LISTED FOR SALE

Waters Edge 590 Santa Rosa Blvd Unit 206 Fort Walton Beach, FL 32548

Estimated Value: $507,000 - $570,000

1 Bed
2 Baths
802 Sq Ft
$340/mo HOA Fee

Last Sold February 05, 2020

Last sale price $340,000 $424 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,647/month

98 Days on Market

Highlights

  • Beach Front
  • Beach
  • Furnished
  • Fort Walton Beach High School Rated A
  • Gulf View
  • Community Pool

About This Home

As of February 2020

This 1-bed, 2-bath Gulf-front unit comes fully furnished and rental-ready with a well-documented record of success. Annual gross rental is consistently in the mid 30K range. As of Sept. this unit grossed $33,623 with forward booking projecting a year-end gross rent of $36,184. It accommodates 6 guests with a queen bed, hallway bunk, and sleeper sofa. The 96 sq. ft. balcony offers a panoramic view of the Gulf, the beach, and the Gulf-front community pool & hot tub. Waters Edge was built in 2002 with 6 floors and 107 units. Its amenities include 2-pools (1 heated in the shoulder months), hot tub, grill area, exercise room, game room, and covered parking.
Vacation renters familiar with this unit consistently rate it 5-star with comments indicating one of the best on Okaloosa Island.

Last Agent to Sell the Property

BJ Chandler

Chandler Associates License #706947 Listed on: 10/16/2019

Last Buyer's Agent

Angela Stebbins

Rob Brooks Realty License #3397466

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 2002

Lot Details

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • Detached Garage

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Steel Siding
  • Stucco

Interior Spaces

  • 802 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Dining Area
  • Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • Built-In Bunk Beds
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Cultured Marble Bathroom Countertops

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Outdoor Features

  • Balcony

Schools

  • Elliott Point Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-2180-0000-2060

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, sewer, water, cable TV, trash
  • 107 Buildings
  • 107 Units
  • Waters Edge Condo Unit 206 Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,559

Year Built

Built in 2002

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: WATERS EDGE CONDO UNIT 206
  • Directions: Travel to the intersection of Hwy 98 and Santa Rosa Blvd., then turn west onto Santa Rosa Blvd. Travel approx. 1.4 miles and look for the sign on the left. Unit numbers within Waters Edge count from west-to-east. Unit 206 is a Gulf-front unit in the most western half of the Gulf-front building.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2002
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Heat Pump Air To Air: Yes
  • Rooms:Foyer: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Balcony2: Yes
  • Waterfront:Unit Waterfront: Yes
  • Rooms:Dining Area: Yes
  • Waterfront:Shore - Beach: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Number Of Buildings: 107
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Interior Amenities: Floor Tile, Furnished - All, Hallway Bunk Beds, Owner's Closet, Washer/Dryer Hookup, Window Treatment All
  • Stories: 6
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Interior:Floor Tile: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Hallway Bunk Beds: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Unit Waterfront, Gulf, Shore - Beach
  • Waterfront: Yes
  • Construction Type: Concrete, Block, Roof Membrane, Steel, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof Membrane: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered, Garage Detached
  • Parking Features:Garage Detached: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump Air To Air
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Elevators, Exercise Room, Pets Allowed, Pool, TV Cable
  • Association #2 Fee: 340.12
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Elliott Point
  • High School: Fort Walton Beach
  • Middle Or Junior School: Bruner

Lot Info

  • Parcel #: 00-2S-24-2180-0000-2060
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 107

Tax Info

  • Tax Annual Amount: 2559.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Feb 5, 2020
Sold by
Toye Michael and Toye Tammy
Bought by
Rumps Jeremy James and Rumps Jill Marie
Seller's Agent
BJ Chandler
Chandler Associates
Buyer's Agent
Angela Stebbins
Rob Brooks Realty
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$532,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,603
Avg. Annual Appreciation
8.44%
Original Mortgage
$272,000
Outstanding Balance
$243,038
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$289,565

Purchase Details

Closed on
Nov 19, 2010
Sold by
Perry Cathy J
Bought by
Toye Michael and Toye Tammy
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rumps Jeremy James $340,000 Attorney
Toye Michael $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rumps Jeremy James $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2020 02/05/20 Sold $340,000 0.0% $424 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
10/16/2019 10/16/19 For Sale $340,000 -- $424 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,859 $436,000 -- $436,000
2023 $4,859 $436,000 $0 $436,000
2022 $3,842 $286,000 $0 $286,000
2021 $3,740 $271,000 $0 $271,000
2020 $3,239 $266,000 $0 $266,000
2019 $2,796 $206,000 $0 $206,000
2018 $2,665 $191,000 $0 $0
2017 $2,655 $185,000 $0 $0
2016 $2,598 $185,000 $0 $0
2015 $2,638 $182,000 $0 $0
2014 $2,593 $178,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    BJ Chandler

    Chandler Associates

    Section Image

  • A

    Buyer's Agent in 2020

    Angela Stebbins

    Rob Brooks Realty

    (850) 830-8703

    8 Total Sales

    Section Image
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About Waters Edge

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 833453

Emerald Coast Association of REALTORS®

APN: 00-2S-24-2180-0000-2060

Florida Okaloosa County Fort Walton Beach 32548

590 Santa Rosa Blvd Unit 206, Fort Walton Beach, FL

This home is located at 590 Santa Rosa Blvd Unit 206, Fort Walton Beach, FL 32548 since 16 October 2019 and is currently estimated at $532,603, approximately $664 per square foot. This property was built in 2002. 590 Santa Rosa Blvd Unit 206 is a home located in Okaloosa County with nearby schools including Elliott Point Elementary School, Max Bruner Junior Middle School, and Fort Walton Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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